Mercedes-Benz Group

dynaCERT Appoints Bernd Krueper as President & Director, Expanding Leadership Team for Global Growth and Innovation

Retrieved on: 
Lunedì, Maggio 13, 2024

Mr. Jim Payne remains as Chief Executive Officer and Director of dynaCERT and continues also as Chairman of the Board.

Key Points: 
  • Mr. Jim Payne remains as Chief Executive Officer and Director of dynaCERT and continues also as Chairman of the Board.
  • Mr. Krueper brings to dynaCERT top management and C-Suite level expertise having founded and headed numerous entities.
  • Mr. Krueper also brings to dynaCERT his experience in successfully driving profitable growth, performance increases, sustainable technology road mapping and digital transformation.
  • Bernd Krueper, President & Director of dynaCERT, stated, “I am really very excited about dynaCERT's mission and its continued advancements in hydrogen technology.

EQS-News: Aurubis: Steffen Alexander Hoffmann appointed new Chief Financial Officer at Aurubis AG

Retrieved on: 
Venerdì, Maggio 10, 2024

Steffen Hoffmann will be Aurubis AG’s new Chief Financial Officer (CFO) as of October 1, 2024

Key Points: 
  • Steffen Hoffmann will be Aurubis AG’s new Chief Financial Officer (CFO) as of October 1, 2024
    Hamburg, May 6, 2024 — On October 1, 2024, Steffen Hoffmann (54) will take over as Chief Financial Officer from Rainer Verhoeven (56), who will be stepping down on June 30, 2024, as announced in January 2024.
  • “In Steffen Hoffmann we have an internationally experienced executive,” Aurubis AG Supervisory Board Chairman Prof. Dr. Fritz Vahrenholt explained the decision.
  • Aurubis AG is a leading global provider of non-ferrous metals and one of the largest copper recyclers worldwide.
  • Aurubis has around 7,200 employees, production sites in Europe and the US, and an extensive distribution network around the world.

Mercedes-Benz Group AG Annual General Meeting: Orderly transition in times of transformation

Retrieved on: 
Mercoledì, Maggio 8, 2024

At the Mercedes-Benz Group AG (ticker symbol: MBG) Annual General Meeting for the financial year 2023, the company outlined its strategic progress as a maker of desirable cars and vans.

Key Points: 
  • At the Mercedes-Benz Group AG (ticker symbol: MBG) Annual General Meeting for the financial year 2023, the company outlined its strategic progress as a maker of desirable cars and vans.
  • Shareholders approved all of the items on the agenda of the Annual General Meeting.
  • After moving to Volkswagen AG, he was also Chairman of the Board of Management there from 2002 to 2006.
  • He has been a member of the Supervisory Board of Mercedes-Benz Group AG since 2014, advising the management board on key strategic steps which included the spin-off of Daimler Truck AG and the rebranding of Daimler AG into Mercedes-Benz Group AG.

Mercedes-Benz Q1 Marked by Solid Cash Generation and Top-End Model Changeovers 

Retrieved on: 
Martedì, Aprile 30, 2024

Current supply bottlenecks are on the way to easing in regard to the GLC and E-Class, with further improvements expected.

Key Points: 
  • Current supply bottlenecks are on the way to easing in regard to the GLC and E-Class, with further improvements expected.
  • Sales levels in the first quarter are seen as the trough, with second quarter volumes expected to be better.
  • Q1 is seen as the trough, with improvements expected over the second half of 2024, despite increasing ramp-up costs for charging infrastructure.
  • The cost of credit risk is seen improving from Q1 levels but is expected at an overall higher level compared to 2023.

ADS-TEC Energy Appoints Automotive and Mobility Expert, Alwin Epple, as Newest Board Member

Retrieved on: 
Lunedì, Aprile 29, 2024

ADS-TEC Energy plc (“ADS-TEC Energy”, “Company”, “we”, “our” or “us”) (NASDAQ: ADSE), a global leader in battery-buffered, ultra-fast charging technology, is pleased to announce the appointment of Alwin Epple to its Board of Directors.

Key Points: 
  • ADS-TEC Energy plc (“ADS-TEC Energy”, “Company”, “we”, “our” or “us”) (NASDAQ: ADSE), a global leader in battery-buffered, ultra-fast charging technology, is pleased to announce the appointment of Alwin Epple to its Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20240429129397/en/
    New Board Member for ADS-TEC Energy, Alwin Epple (Photo: Business Wire)
    Mr. Epple has held prominent positions at Daimler AG and Mercedes Benz Group for the past 20 years.
  • “To join the board of ADS-TEC Energy PLC is an honor and very exciting,” said Alwin Epple.
  • “The opportunity to contribute to the transformation of automotive mobility through ultrafast charging and battery storage solutions is motivating.”

ADS-TEC Energy Appoints Automotive and Mobility Expert, Alwin Epple as Newest Board Member

Retrieved on: 
Lunedì, Aprile 29, 2024

ADS-TEC Energy plc (“ADS-TEC Energy”, “Company”, “we”, “our” or “us”) (NASDAQ: ADSE), a global leader in battery-buffered, ultra-fast charging technology, is pleased to announce the appointment of Alwin Epple to its Board of Directors.

Key Points: 
  • ADS-TEC Energy plc (“ADS-TEC Energy”, “Company”, “we”, “our” or “us”) (NASDAQ: ADSE), a global leader in battery-buffered, ultra-fast charging technology, is pleased to announce the appointment of Alwin Epple to its Board of Directors.
  • With an illustrious career in the automotive industry spanning over three decades, Mr. Epple brings a wealth of experience and expertise to the company’s leadership team.
  • “To join the board of ADS-TEC Energy PLC is an honor and very exciting,” said Alwin Epple.
  • “The opportunity to contribute to the transformation of automotive mobility through ultrafast charging and battery storage solutions is motivating.”

Continental Technologies Ensure Greater Comfort and Safety in the Upper Mid-size Class

Retrieved on: 
Martedì, Aprile 23, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240423093593/en/
    Mercedes-Benz is relying on numerous products and components from Continental in the new E-Class.
  • Furthermore, the technology company’s light control units ensure excellent road illumination thanks to intelligent control of the full LED headlights.
  • Continental develops pioneering technologies and services for sustainable and connected mobility of people and their goods.
  • In 2023, Continental generated sales of €41.4 billion, and currently employs around 200,000 people in 56 countries and markets.

Global Automotive Brake System Market Forecast to 2028: Stringent Safety Standards and Growing Popularity of Disc Brakes to Drive Market Growth - A USD 30.1 Billion Market by 2028 - ResearchAndMarkets.com

Retrieved on: 
Mercoledì, Aprile 10, 2024

The automotive brake system market is estimated to grow from USD 23.5 billion in 2023 to USD 30.1 billion by 2028 at a CAGR of 5.1% during the forecast period.

Key Points: 
  • The automotive brake system market is estimated to grow from USD 23.5 billion in 2023 to USD 30.1 billion by 2028 at a CAGR of 5.1% during the forecast period.
  • Market Development: The report provides comprehensive information about lucrative emerging markets for the automotive brake system market across regions.
  • Product Development/Innovation: The report gives detailed insights into R&D activities, upcoming technologies, and new product launches in the automotive brake system market.
  • Market Diversification: The report offers detailed information about untapped markets, investments, new products, and recent developments in the automotive brake system market.

IDTechEx Discusses Future Market Penetration of the Redox Flow Battery

Retrieved on: 
Giovedì, Aprile 25, 2024

BOSTON, April 25, 2024 /PRNewswire/ -- The evolution of the redox flow battery over several decades has seen various chemistries being developed, commercialized, or even abandoned due to factors such as poor electrochemical reversibility and cross-contamination of active species. The vanadium redox flow battery (VRFB) has prevailed as the most widely deployed and commercialized RFB chemistry over the last decade; despite this, the volume of their installations for stationary energy storage applications is still minimal compared to the incumbent Li-ion battery, with economic barriers inhibiting their market growth. However, as suggested in IDTechEx's market report, 'Redox Flow Batteries Market 2024-2034: Forecasts, Technologies, Markets', a combination of factors including developments in vanadium markets, development of cheaper RFB chemistries, and future demand for long duration energy storage (LDES) technologies, could see increasing penetration of the redox flow battery in the stationary energy storage market over the coming years. These developments will aid in RFB market growth and IDTechEx forecasts that by 2034, this market will be valued at US$2.8B.

Key Points: 
  • However, as suggested in IDTechEx's market report, ' Redox Flow Batteries Market 2024-2034: Forecasts, Technologies, Markets ', a combination of factors including developments in vanadium markets, development of cheaper RFB chemistries, and future demand for long duration energy storage (LDES) technologies, could see increasing penetration of the redox flow battery in the stationary energy storage market over the coming years.
  • These developments will aid in RFB market growth and IDTechEx forecasts that by 2034, this market will be valued at US$2.8B.
  • As such, this can make it difficult for RFB players to penetrate the existing stationary battery storage market and acquire sizeable market share.
  • For more information on RFB materials, players, value chains, technologies, economics, and granular 10-year RFB market forecasts, please refer to IDTechEx's market report ' Redox Flow Batteries Market 2024-2034: Forecasts, Technologies, Markets '.

IDTechEx Discusses Future Market Penetration of the Redox Flow Battery

Retrieved on: 
Giovedì, Aprile 25, 2024

BOSTON, April 25, 2024 /PRNewswire/ -- The evolution of the redox flow battery over several decades has seen various chemistries being developed, commercialized, or even abandoned due to factors such as poor electrochemical reversibility and cross-contamination of active species. The vanadium redox flow battery (VRFB) has prevailed as the most widely deployed and commercialized RFB chemistry over the last decade; despite this, the volume of their installations for stationary energy storage applications is still minimal compared to the incumbent Li-ion battery, with economic barriers inhibiting their market growth. However, as suggested in IDTechEx's market report, 'Redox Flow Batteries Market 2024-2034: Forecasts, Technologies, Markets', a combination of factors including developments in vanadium markets, development of cheaper RFB chemistries, and future demand for long duration energy storage (LDES) technologies, could see increasing penetration of the redox flow battery in the stationary energy storage market over the coming years. These developments will aid in RFB market growth and IDTechEx forecasts that by 2034, this market will be valued at US$2.8B.

Key Points: 
  • However, as suggested in IDTechEx's market report, ' Redox Flow Batteries Market 2024-2034: Forecasts, Technologies, Markets ', a combination of factors including developments in vanadium markets, development of cheaper RFB chemistries, and future demand for long duration energy storage (LDES) technologies, could see increasing penetration of the redox flow battery in the stationary energy storage market over the coming years.
  • These developments will aid in RFB market growth and IDTechEx forecasts that by 2034, this market will be valued at US$2.8B.
  • As such, this can make it difficult for RFB players to penetrate the existing stationary battery storage market and acquire sizeable market share.
  • For more information on RFB materials, players, value chains, technologies, economics, and granular 10-year RFB market forecasts, please refer to IDTechEx's market report ' Redox Flow Batteries Market 2024-2034: Forecasts, Technologies, Markets '.